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Germany to establish new rules for fracking
Germany intends to set new rules in the next weeks for gas fracking, which will enforce tight restrictions on the controversial technique that has led to a shale gas expansion in the United States.
read more... 05/06/2014
Daily: Crude oil retreats on peace plan from Ukraine’s president
Brent and WTI crude settled lower on Wednesday on hopes for a peace plan from Ukraine’s new-elected president Petro Poroshenko aimed to end violent clashes between separatists and government forces. The plan helped to calm crude oil’s previous price rally. Brent crude for July delivery slipped 42 cents to end at $108.40 a barrel, while the equivalent crude oil contract in the U.S. fell 2 cents to close at $102.64, after rebounding as high as $103.69 immediately after the publication of U.S. oil stockpiles figures showing a decrease in crude oil stocks the previous week.
read more... 05/06/2014
EDF on the point to vend Edison wind assets to F2i
France's EDF intends to sell a 70 percent stake in Italian unit Edison's wind farms to local infrastructure fund F2i at the end of June, as stated by two sources on Wednesday.
read more... 05/06/2014
French gas tariffs require larger market connection
The calculation of French regulated gas tariffs should be related more strongly to gas market prices since market main player GDF Suez renegotiates more of its supply agreements, as stated by energy regulator CRE in a report published on Wednesday.
read more... 05/06/2014
EU policy paper offers assistance to export coal-fired power plants
European manufacturers of coal-fired power plants should obtain financial aid to export the equipment, as stated by in an EU policy paper, challenging environmental opposition to any type of subsidy for coal.
read more... 04/06/2014